Solar Photovoltaic Panels reap rewards for Tenants
April 22, 2011
Over the last year, R.N.Padfield & Sons have researched the opportunities provided in renewable energy generation. Not only was there the desire to reduce dependence on bought in energy, but also to demonstrate commitment to sustainable, green forms of energy and lowering the carbon footprint of the farm and office units. Last April saw the introduction of Feed-in Tariffs (FIT) which offered a guaranteed price for electricity generated from renewable sources. This was modelled on a similar scheme in Germany and we had been impressed with the use of solar panels farmers had made during a visit to Southern Germany two years ago.
We have now been able to install solar photovoltaic systems providing ‘free’ electricity to three of our office units. Needless to say the tenants have been very supportive of the project and should save between 25-40% on their current electricity costs.
The project is currently featured in Savills ‘Aspects of Land’ publication and the article can be read here: aspect of land.
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